Federated Correlations

Mutual Funds . USA . 
Fund . Federated U S
FIGKX Fund  USD 9.72  0.03  0.31%   
The current 90-days correlation between Federated U S and Jhancock Diversified Macro is -0.1 (i.e., Good diversification). The correlation of Federated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Federated Correlation With Market

Modest diversification

The correlation between Federated U S and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federated U S and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Federated U S. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in industry.

Moving together with Federated Mutual Fund

  0.84EMDIX Federated Emerging MarketPairCorr
  0.7SBFIX Federated Global AllPairCorr
  0.64FRIEX Federated Hermes EmergingPairCorr
  0.94STFSX Federated StrategicPairCorr
  0.94STIAX Federated StrategicPairCorr
  0.94STILX Federated StrategicPairCorr
  0.94STISX Federated StrategicPairCorr
  0.68FSBCX Federated Global AllPairCorr
  0.68FSBKX Federated Global AllPairCorr
  0.7FSBLX Federated Global AllPairCorr
  0.8FSGVX Federated U SPairCorr
  0.9FSHIX Federated Short-intermediaPairCorr
  0.81FSGIX Federated Gov SecPairCorr
  0.96INISX Federated IntermediatePairCorr
  0.9FSHSX Federated Short IntePairCorr
  0.77FSILX Federated Short TermPairCorr
  0.8FSTIX Federated Short TermPairCorr
  0.78FSTYX Federated Short TermPairCorr
  0.69FSTBX Federated Global AllPairCorr
  0.64PIEFX Pnc Emerging MarketsPairCorr
  0.71PIGDX Pnc International GrowthPairCorr
  0.69SVALX Federated Strategic ValuePairCorr
  0.78FTIAX Federated Short TermPairCorr
  0.89FTGLX Federated Total ReturnPairCorr
  0.84FTGSX Federated Total ReturnPairCorr
  0.69SVAAX Federated Strategic ValuePairCorr
  0.69SVAIX Federated Strategic ValuePairCorr
  0.69SVACX Federated Strategic ValuePairCorr
  0.95RRFAX Federated Real ReturnPairCorr
  0.95RRFCX Federated Real ReturnPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Federated Mutual Fund performing well and Federated Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Federated's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY